The Big Investment Lie: What Your Financial Advisor Doesnt Want You to Know

Michael Edesess

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Sprache: Englisch

Verlag: Berrett-Koehler, 2007

1576754073 / 9781576754078

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Artikelbeschreibung des Verkäufers

An insider's account of how consumers are scammed by the investment advice industry, and how to avoid throwing your money away. The investment advice and management industry is built on fraud: the idea that professional advisors can predictably and consistently help you get a better rate of return on your investments. The industry sells us on this lie using manipulative tactics that are studied, refined, Wall Street-minted, Madison Avenue-packaged-and extraordinarily effective. Here, Michael Edesess exposes the shocking truth that, in fact, behind the success of nearly every prosperous investment professional lies not the ability to procure higher rates of return on investment for his or her clients but the ability to procure astoundingly high fees from those clients and nothing more. Through fascinating and sometimes humorous anecdotes and straightforward explanations of investment theory and scientific evidence, Edesess reveals just how badly investors are being scammed by The Big Investment Lie. He examines how the master salespeople that make up the industry sell their cleverly concocted distortions of truth-to the tune of $200 billion a year-to unsuspecting consumers who swallow them hook, line, and sinker. He then shines a spotlight on the true cost of the industry's useless advice, showing that a prudent independent investor, following a conservative strategy, can reap anywhere from forty percent to over one hundred percent more than an investor who falls for The Big Investment Lie. Detailing the Ten New Commandments for Smart Investing-practical advice for how, where, and when to invest your money to maximize wealth-The Big Investment Lie provides the guidance you need to secure your financial future without throwing your hard-earned money away on the fraudulent investment advice industry.…

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Titel
The Big Investment Lie: What Your Financial Advisor Doesnt Want You to Know
Autor
Michael Edesess
Verlag
Berrett-Koehler
Erscheinungsjahr
2007
Zustand
Good
Einband
Hardback
Sprache
Englisch
ISBN-10
1576754073
ISBN-13
9781576754078

World of Books (was SecondSale)

Montgomery, IL, USA

Verkäufer/-in mit 5 Sternen

AbeBooks-Verkäufer/-in seit 20. Dezember 2007

Versandkosten innerhalb von USA

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